New Covenant Dominion Federal Credit Union

Established in 2007, New Covenant Dominion Federal Credit Union is headquartered in Bronx, New York.

Main Address

1185 Boston Rd
Bronx, NY 10456

Credit Union Details

Charter Number: 24784

Year Opened: 2007

Date Insured: March 23, 2007

Routing Number: 026084482

Peer Group: Assets between $2 million to $10 million

Credit Union Type: Federally chartered, federally insured credit union (FCU)

President of the Board: Joseph Alexander

Manager/CEO: Rachel Macarthy

Employees: 3 full-time employees

Members: 539 current members

Website

newcovenantcreditunion.o

Grants

Grants received by this credit union.

Grantor
Date Awarded
Amount
NYS ESD CDFI
January 10, 2024
$200,000
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
September 28, 2023
$50,000
Community Development Financial Institution (CDFI)
April 10, 2023
$500,000
Community Development Financial Institution (CDFI)
September 27, 2022
$125,000
Community Development Financial Institution (CDFI)
September 26, 2022
$125,000
NYS ESD CDFI
July 16, 2021
$150,000
Inclusiv
June 22, 2021
$10,000
Community Development Financial Institution (CDFI)
June 15, 2021
$532,000
Community Development Financial Institution (CDFI)
September 24, 2020
$125,000
Inclusiv
September 22, 2020
$10,000
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
September 3, 2020
$10,000
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
October 2, 2018
$10,000
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
August 30, 2017
$10,000
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
July 1, 2016
$4,000

Data from https://mapping.ncua.gov/CreditUnionDetails/24784

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FAQ

What does a credit union have to offer?

Credit unions are non-for-profit financial cooperatives, owned and controlled by the credit union's members.

What is a cooperative?

Cooperatives, in simplest terms, are institutions that belong to the people that use them.

Is my money safe?

Credit unions are insured up to $250,000 by the National Credit Union Administration (NCUA).

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